German finance minister draws up 14 billion eur relief plan – Spiegel

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German Finance Minister Christian Lindner plans a 10.1 billion euro ($10.29 billion) relief package to help taxpayers in 2023 which he is set to present next week, the Spiegel news weekly reported.

For 2024, further relief is planned with a volume of around 4 billion euros, the report said.

The package is set to include an increase in the amount people can earn tax-free and an increase in child benefit.

A number of countries have already introduced similar incentives to support families in the wake of record price increases.

via Reuters

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